Hi-Five Sports

The Hi-Five Sports franchise strives to make children's lives better through sports in a fun and non-intimidating way. This is an attractive franchise opportunity because franchise owners can have home based or retail locations. This will give them flexibility to market access and the ability to make their own schedule with a home based business. Since it started franchising in 2015, it has grown to over a dozen locations across the U.S. It incentivizes veterans to franchise with them by discounting the initial franchise fee. You also have financing options when you franchise with them. Look into investing in the Hi-Five Sports franchise today. 

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Hi-Five Sports

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Hi-Five Sports Franchise Cost and Requirements for 2022

Background

There's nothing quite like opening a child related franchise to positively impact children's lives. If you are looking to improve children's lives through sports with a franchise that has over 30 years of experience, then the Hi-Five Sports franchise could be for you. The franchise's mission is to improve children's lives with sports in a fun and non-intimating way. You can open home based or retail locations. With a home based location,  you don't need a lot of capital and can rent locations by the hour or the season. With a Hi-Five retail center, you can control where families play and shop for merchandise. From this 20,000 square ft. location, you can run all of your classes, camps, leagues and birthday parties! The benefits of this location is that it's scalable, available to rent, and connects with schools and their students, specifically those aged 3-13. You will be teaching them the fundamentals of sports and having fun at the same time! The franchise gives you an exclusive territory,  making you the only representative of Hi-Five Sports in that area. 
In terms of support and training, the franchise owners can expect dozens of hours worth of online and on-site training to help them learn everything they need to know about running the franchise. You can also expect marketing support, access to their preferred lenders list and more. The brand also provides site selection assistance and ongoing support during the duration of your franchise agreement. Kids will also love the mascot, Hi-Five Murphy! Look into investing in the Hi-Five Sports franchise today. 

Company Details

Canada: No 
International: No 
Headquarters: Boca Raton. Florida
Total units: 17
Founded: 1990
First franchise: 2015

Support and Training Offered By Hi-Five Sports

In terms of support and training, the franchise owners can expect dozens of hours worth of online and on-site training to help them learn everything they need to know about running the franchise. You can also expect marketing support and access to their preferred lenders list and more. The franchise also provides site selection assistance and ongoing support during the duration of your franchise agreement. 

2022 Franchise Requirements Needed to Own a Hi-Five Sports Franchise.

What does a Hi-Five Sports Franchise Cost?

Hi-Five Sports franchise fees for 2022:

Veterans incentive: Yes
Financing options: Yes

Home based location:
Initial franchise fee: $12,900 
Royalty fees: 8.5%
Initial Investment: $25,450 - $56,350

Retail model: 
Initial franchise fee: $27,000
Royalty fees: 8.5%
Initial investment: $135,115 - $554,165

Is Hi-Five Sports a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Hi-Five Sports is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Hi-Five Sports a Home Based franchise?

Yes. Hi-Five Sports is a home based franchise opportunity.

What Do Hi-Five Sports Franchise Owners Make?

Click here to find out how much Hi-Five Sports franchisees make. Hi-Five Sports offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Hi-Five Sports Offer a Veteran Discount?

Yes. Hi-Five Sports franchise does offer a veteran discount.

Is Hi-Five Sports Looking for Franchisees in Canada?

No. Hi-Five Sports franchise is not looking for Canada franchisees.

Is Hi-Five Sports Looking for International franchisees?

No. Hi-Five Sports franchise is not looking for International franchisees.

Additional Information

Additional Categories

Child Related, Retail, Sports, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$25,000 - $50,000

Passive Franchise

Yes

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

Hi-Five Sports Franchises for Sale

Click Here to inquire about existing Hi-Five Sports franchises for sale. We may have Hi-Five Sports franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.